Facebook goes through corporate reorg
After privacy slap and with IPO looming, social network names 5 team leaders
Computerworld - Facebook confirmed Thursday that it has launched a corporate reorganization around its product development.
About a week after the U.S. Federal Trade Commission came down on the social network for not taking better care of users' privacy, Facebook has gone through a reorganization with an eye toward privacy and better communication, according to industry analysts.
"We can confirm that in order to streamline the product development process, we have reorganized our technical teams into product groups" reporting to CEO Mark Zuckerberg, said a Facebook spokeswoman in an email to Computerworld.
The company, which reportedly is looking at an early-2012 initial public offering, also named five new team leaders: Bret Taylor, Chris Cox, Greg Badros, Mike Schroepfer and Sam Lessin.
On Wednesday, All Things D reported that the new corporate setup more closely links various teams to both privacy and communication leaders.
The FTC last week released an eight-count complaint accusing Facebook of violating its promises to users and repeatedly deceiving them by sharing information that users had thought was private.
The social network agreed to a proposed settlement, which includes periodic privacy audits for the next 20 years, as well as a promise to get users' approval before making changes to the way Facebook shares their information.
"Facebook is a very young and private company, and it recognized it needed to reorganize to reflect a more responsible and accountable organization," said Patrick Moorhead, principal analyst with Moor Insights & Strategy. "It was time to grow up, and Facebook hopes this will be part of what helps it accomplish just that. The potential downside is that Facebook adds layers and process, which, for some companies, slows execution and hampers creativity."
Sharon Gaudin covers the Internet and Web 2.0, emerging technologies, and desktop and laptop chips for Computerworld. Follow Sharon on Twitter at @sgaudin, on Google+ or subscribe to Sharon's RSS feed . Her e-mail address is firstname.lastname@example.org.
Read more about Web Apps in Computerworld's Web Apps Topic Center.
- Best iPhone, iPad Business Apps for 2014
- 14 Tech Conventions You Should Attend in 2014
- 10 Desktop Apps to Power Your Windows PC
- How to Add New Job Skills Without Going Back to School
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
- Face Time Anytime Real-time communications facilitates team collaboration from nearly anywhere in the world. With facts and figures you can use to justify an investment
- Riverbed Stingray Application Firewall: Securing Cloud Applications with a Distributed Web Application Firewall Responsibility over IT security is moving away from the network and IT infrastructure and to the application and software architecture itself. IT organizations...
- Now is the time to implement a video conference solution Video conferencing is getting a lot of buzz lately due to the recent cost decrease, making it tangible for many law firms. It's...
- Video drives engagement Achieving maximum results means building a solid platform and network infrastructure. As digital age unfolds, it's clear that the ability to communicate effectively...
- Four Myths of High-Productivity App Dev Debunked Debunk the main myths surrounding high-productivity application development and how both platforms have overcome them.
On-Demand Webcast: 7 Reasons to Choose VoIP
Thinking about a new phone system for your business?
Be sure to watch this informative webcast. Steve Strauss, small business columnist for USA...
All Web Apps White Papers |